An analyst who accurately called the Bitcoin correction at the beginning of 2024 believes that BTC will remain on a bullmarkt after bouncing a low point of 2025 of $ 76,000.
Pseudonymous analyst stretches Capital tells His 542.00 followers on the social media platform X that the current Bullmarkt cycle of Bitcoin still has to reach a peak.
“BTC Bull Market Progress: 82.5%(the progress will speed up parabolic progress and slow down on deeper edges).”
The analyst too tells His 107,000 YouTube subscribers that the latest correction from Bitcoin to $ 76,000 is not the sign of a starting Bear market based on historical priority.
“Many people have talked about this that is a bear market, but it seems that it is a downward deviation period that is very similar to what we have seen in the past. Of course, these downward deviation periods change over time, but it is really important to look at the map in a sober way and try to view it in an unbidered way and not to see here. [in 2024].
This was a pullback of 32% [in 2024]. This is a pullback of 30% [when Bitcoin corrected to the $76,000 range this month]So very similar in that respect, but really important to stay sober and look at the data, look at the graph and zoom out when they are questioned. “
In the technical analysis, a downward deviation is an set -up in which an active support breaks through to print a false breakdown before he loses a recovery and turns to new highlights.
Bitcoin acts for $ 88,028 at the time of writing, an increase of 3.4% in the last 24 hours.
https://www.youtube.com/watch?v=XXERSG_PBCY
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